Markets react to Trump's 'Liberation Day' tariffs
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Newsweek |
As of mid-session on Wednesday, the Dow Jones Industrial Average and S&P 500 are both up 0.4 percent, while the Nasdaq Composite is up 0.6 percent.
The Washington Post |
Wednesday was “Liberation Day,” the start of a multifront trade war President Donald Trump is waging against nearly all of our trading partners.
USA Today |
Some economists predict lower-income households will feel the biggest blow.
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While there are a few concerns that have investors' attention at the moment, including a forecasted contraction in first-quarter gross domestic product, along with the historic priciness of stocks, perhaps the prevailing issue for the stock market is President Donald Trump's tariff policy.
Guess we’re really doing this, huh? Happy Thursday.
Economists and analysts have expressed concerns about the potential repercussions of these tariffs. There is apprehension that levies could hike consumer prices, disruptions in global supply chains, a
The price of the world’s leading cryptocurrency by market value has struggled to consolidate at a level above $90,000 in the past month. Smaller digital coins followed a similar pattern. XRP, used to facilitate and settle transactions on Ripple’s payment platform,
Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020